The market #mortgage interest rates aren’t the only ones on the way up, as Fannie Mae and Freddie Mac announced Wednesday that they are increasing the benchmark interest rate for standard #mortgage modifications to a level not seen in 10 months. The increase will be the first time that the GSEs increased the modification benchmark interest rate in 2016. http://www.housingwire.com/articles/38705-fannie-mae-freddie-mac-hike-mortgage-modification-interest-rate-for-first-time-in-2016 ❤️ #share #mortgage
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